Banking
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority (PRA).
Launch Timeline: The bank...
Banking
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
Authologic Raises $8.2 Million in Series ALocation: Poland
Funding: $8.2 million Series A
Led by: OpenOcean, with support from YCombinator, Peak Capital, and...
AI
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
Abhi Secures $15 MillionLocation: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
...
Banking
Morocco’s CIH Bank taps Backbase for Engagement Banking platform
CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation.
The bank is deploying Backbase's...
AI
ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more
Bitlayer (Singapore) secured $9 million in a Series A extension, co-led by Polychain Capital and Franklin Templeton, following a $5 million seed and...
Banking
Aleph acquires majority stake in Argentinian PSP Localpayment
Aleph Holding has acquired a controlling equity interest in Localpayment, an Argentinian payment service provider focused on emerging markets.
Localpayment will be rebranded...
Banking
Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia
Banked, a UK-based fintech, has acquired Waave, a Sydney-based open banking paytech company.
The acquisition is aimed at strengthening Banked’s presence in Australia.
...
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